Thursday, 12 July 2007

UPDATE 1-Cirrus to buy integrated circuit maker for $42 mln

(Reuters) - Austin, Texas-based Cirrus said it expects the deal to add
to earnings in the third quarter of 2008.




Separately, in a regulatory filing, Cirrus said $6.3
million of the purchase price will be placed in escrow to cover
indemnifications, if any.


Read more at Reuters.com Mergers News

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